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Report: 70 Percent Of Retired Generals Took Jobs With Defense Contractors Or Consultants
A report released Monday by Citizens for Responsibility and Ethics in Washington and the Brave New Foundation found that 70 percent of retired three-and-four star generals took jobs with defense contractors or consultants, a figure that has actually declined in recent years.
The report found that 76 out of 108 top generals took such jobs from 2009 to 2011, and a few continued to advise the Department of Defense while on the payroll of contractors. The report cited Gen. James Cartwright, who was elected to a paid position on Raytheon's board of directors while serving on the Defense Policy Board. Adm. Gary Roughead also served on the board while joining the board of Northrop Grumman, earning $115,000 per year.
Eighty percent of generals retiring from 2004 to 2008 took such jobs, according to a 2010 Boston Globe investigation.
The report didn't find a causal link between the revolving door and specific contracts. However, the report cites statistics showing 2011 spending at the five largest defense contractors -- Lockheed Martin, Boeing, General Dynamics, Raytheon and Northrop Grumman -- at $100 billion, with at least nine retiring top generals and admirals taking positions at the firms.
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http://www.huffingtonpost.com/2012/11/19/defense-contractors-generals_n_2160771.html
Fumesucker
(45,851 posts)carolbrenner
(18 posts)Slaughter innocents in uniform, then in a business suit.
Blue_Tires
(55,445 posts)It's no big secret at all...
rudycantfail
(300 posts)K&R
rzemanfl
(29,568 posts)liberal N proud
(60,344 posts)Canuckistanian
(42,290 posts)They're all "Admiral" this or "General" that.
It's because all of the connections that they have to the serving Generals and Admirals, most of whom were commanded at one time by these guys.
"Play ball with us and we've got a corner office just waiting for you"
There is no transparency in the defense industry. It's the original boy's club.
GentryDixon
(2,959 posts)I was thinking about the article regarding the excess of the military brass that has come out.
When I went to the Army Management Staff College at Ft Belvoir I was amazed at the diamonds & furs on the wives of the Command staff at dinner. We ate at the Officers Club under contract, so the elite had to share the room with we peons.
On a side note, I found out after I left the base, one of my ancestors was buried on the property, as that was his plantation at one time. Small world.